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    29234-29248 Lyon Oaks Dr Wixom, MI 48393

    Sponsored
    For Lease
    $13 SF/Yr

    Modern industrial space, ample parking, I-96 visibility.

    Lot size:
    23,104 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial property, located within the Lyon Oaks Industrial Park in Wixom, Michigan, offers a versatile 6,100 square foot space ideal for a variety of businesses. The building, constructed in 2003, sits on 2.07 acres of land and boasts a total of 23,104 square feet. The available unit is an end unit, providing excellent visibility and access. Key features include 16-foot ceilings, two dock-high doors (measuring 12' x 14'), and ample parking surrounding the building. The unit also includes approximately 1,800 square feet of executive office space, complete with a private office, conference room, lunchroom, and open workspace. Its location offers significant advantages, with potential for building signage facing the I-96 Freeway, ensuring high visibility and accessibility for clients and employees. The property is zoned for light industrial use and has the APN 2112251016 in Oakland County. This multi-tenant building offers a prime opportunity for businesses seeking a well-maintained, strategically located industrial space in a thriving area of Michigan. The property's combination of warehouse and office space makes it suitable for a wide range of operations.

    Property Features for 29234-29248 Lyon Oaks Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,104 SF
    Total Rate
    25029.33

    Building Details

    Year Built
    2003

    Unit(s) available at that property

    Space
    Available space
    Size
    6,100 SF
    Rate per SF
    $13
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Gym & Fitness Pharmacy Auto Parts Store Department Store Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wixom
    County
    Oakland
    State
    Michigan
    Longitude
    -83.563985
    Latitude
    42.502485

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    FAQs

    What type of property is this?
    Distribution property - Modern industrial space, ample parking, I-96 visibility.
    Where is this distribution property located?
    The property is located at 29234-29248 Lyon Oaks Dr Wixom, MI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29234-29248 Lyon Oaks Dr Wixom, MI 48393
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